signal strength 2 of 5

According to the chart of M15, NZDCAD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.8172 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -37 pips.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
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- Pennant
- Rectangle
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- Triple top
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According to M5, EURJPY is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 162.36/162.31 is broken out, the instrument is likely to move toward
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top pattern has been formed on AUDUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.6293
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowOn the chart of GBPAUD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 2.0601; the lower boundary 2.0567; the width of the pattern 34 points
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